Sell My House in Surrey
Surrey is not one market. A Cloverdale acreage, a Fleetwood townhouse and a Newton house sit in the same city and the same statistics, and they do not sell alike. The benchmark below tells you where the city is. Your lot size, your zone and your distance to a bus stop tell you where you are.
This page gives the benchmark prices, the unit rules Surrey set in 2024, how Surrey treats suites and coach houses, the city's short-term rental licence and what I need to price your home.
Surrey home prices, October 2026
The MLS® Home Price Index benchmark for a typical Surrey home was $899,900 in October 2026, down 7.0% from a year earlier. Detached homes were $1,288,000 (down 8.9% over the year), townhouses $744,300 (down 4.5%) and apartments $453,600 (down 12.2%).
| Home type | Benchmark price | Change in 1 month | Change in 1 year | Change in 3 years |
|---|---|---|---|---|
| All home types | $899,900 | −0.7% | −7.0% | −17.9% |
| Detached | $1,288,000 | −1.2% | −8.9% | −17.2% |
| Townhouse | $744,300 | −0.7% | −4.5% | −12.1% |
| Apartment | $453,600 | −1.5% | −12.2% | −16.9% |
Source: Fraser Valley Real Estate Board Statistics Package, October 2026 (released November 3, 2026). How these figures are defined and sourced
What Surrey's 2024 rules let a buyer build on your lot
Surrey amended Zoning Bylaw No. 12000 for the Province's small-scale multi-unit housing rules. Council adopted the amendments on July 8, 2024, and the City says they took effect that day. On July 27, 2026, Council approved a comprehensive review of the regulations and how they are working.
| Lot | Units allowed |
|---|---|
| Under 280 m² (3,014 sq ft) | Up to 3 |
| Over 280 m² | Up to 4 |
| 281 m² or more and within 400 m of a qualifying bus stop | Up to 6 |
Source: City of Surrey, zoning for small-scale multi-unit housing page (as of November 1, 2026). The City describes qualifying stops as those with 15-minute service and shows them in Schedule F of the bylaw and on its COSMOS map. How these figures are defined and sourced
The City says about 13,000 eligible lots, roughly 18% of the lots covered, fall inside the bus-stop areas. That is why two houses on the same street can be priced differently: one is inside a 400 m circle and the other is not, and I check that before we choose a list price.
The rules apply to lots under 4,050 m² (about one acre) inside the Metro Vancouver Urban Containment Boundary. The City lists the exceptions: certain hazard lands, properties not connected to community water and sewer, and lands in Transit Oriented Areas, which follow separate provincial rules. Some heritage properties may be exempt, and a section 219 restrictive covenant on title still applies and takes precedence.
New zones, and what your old zone is called now
The 2024 change renamed most of Surrey's single-family zones. The City's page lists the conversions: RA stays RA (Acreage Residential), RH became R1 (Suburban Residential), RQ became R2 (Quarter Acre Residential), RF and RF-SS became R3 (Urban Residential), RF-13, RF-12 and RF12C became R4 (Small Lot Residential), RF-10, RF-9 and RF-9C became R5 (Compact Residential), RF-10S and RF-9S became R5-S, RF-SD became R6 (Semi-Detached Residential) and RF-O became R2-O (Oceanfront Residential).
Over 4,600 Comprehensive Development lots keep their zoning, and their rights depend on lot size under Part 52 of the bylaw. The City's thresholds are over 4,050 m² for RA, 1,858 to 4,050 m² for R1, 775 to 1,858 m² for R2, 464 to 775 m² for R3, 320 to 464 m² for R4 and under 320 m² for R5. If a buyer's lawyer asks for your zone, give both the old and the new code.
If your Surrey house has a suite or a coach house
The City says the BC Building Code allows one secondary suite per house, and that the owner must also live in the house with both units treated as a single real estate entity. It also says the new rules do not retroactively legalize a suite built without permits. A coach house, in the City's words, is an accessory dwelling above or attached to a detached garage, so a house with a suite and a coach house counts as three units.
Within the frequent-bus-stop areas the City does not require off-street parking or loading for these homes, provided the lot meets the size rules. The page does not give parking rules for other lots, so I confirm those lot by lot.
Short-term rentals in Surrey
The City of Surrey requires a business licence before an owner starts a short-term rental, at $358 a year plus any application fees. The owner must live at the property as their primary residence, either in the same unit as the rental or in another unit in the home or on the same lot, and tenants cannot run a short-term rental. The City defines one as a rental of under 90 consecutive days. Permitted housing types are a single-family dwelling with up to one secondary suite, coach house or garden suite, a townhouse unit and an apartment unit with one lock-off suite where it exists.
The City's page cites Council's approval of the policy and bylaw amendments on April 8, 2024 (corporate report CR_2024-R066). It lists enforcement tools, which are bylaw notices, municipal ticket informations and legal proceedings, and does not state dollar amounts.
The Province's rule sits on top of anything Surrey requires. The Province says the principal residence requirement applies in municipalities with a population of 10,000 or more. A short-term rental can only be the host's usual home, "where they make their home day-to-day," plus one secondary suite or accessory dwelling unit on the same property. A bed and breakfast is allowed only if the owner lives on the property.
Any rental for fewer than 90 consecutive days must also be registered with the Province, one registration number per unit. The Province lists the fee as $100 a year for a host's principal residence and $450 a year for a secondary unit such as a suite or cottage, and compliance with local bylaws is a condition of registration.
Disclosure and the title
What a seller must tell a buyer is the same across BC, and I cover it on my home sellers FAQ.
What I need from you to price your home
Send me the address. I will pull recent sales in your part of Surrey and the competing listings near you from the MLS®, find your zone and check whether you sit inside a frequent-bus-stop area. The citywide benchmark above will not tell you that.
Selling in Surrey: your questions answered
How many units can a buyer put on a Surrey lot?
The City of Surrey allows up to 3 units on an eligible lot under 280 m², up to 4 on a lot over 280 m², and up to 6 on a lot of 281 m² or more within 400 m of a qualifying bus stop. The rules apply to lots under 4,050 m² inside the Metro Vancouver Urban Containment Boundary and exclude hazard lands, lots without community water and sewer and Transit Oriented Areas.
When did Surrey's small-scale multi-unit housing rules take effect?
The City says Council adopted the amendments to Zoning Bylaw No. 12000 on July 8, 2024, and they took effect that day. Council approved a comprehensive review on July 27, 2026.
What happened to my RF zone?
The City's page lists the conversions. For example, RF and RF-SS became R3, RF-12 and RF-13 became R4, RF-9 and RF-10 became R5, and RH became R1. Check the page or ask me to look up your lot.
Does Surrey allow Airbnb?
Yes, with a City business licence of $358 a year. The owner must live at the property as their primary residence, tenants cannot host, and a stay must be under 90 consecutive days. The Province also requires registration.
Can I sell a Surrey house with an unpermitted suite?
You can, but the City says the 2024 rules do not legalize a suite built without permits. Talk to the City's building department before you list and tell buyers what you know.
How current are the prices on this page?
The benchmark prices come from the Fraser Valley Real Estate Board's MLS® Home Price Index for the month shown. They describe a typical home across Surrey, not your house.
What Buyers & Sellers Say
Excerpts from Google reviews for Jared Gibbons, REALTOR® at Royal LePage Little Oak Realty (Suite 201 - 15272 Croydon Dr, Surrey). Quoted word for word; initials only.
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5 out of 5 stars
“We recently worked with Jared in the sale of our South Surrey home. Not only was Jared thorough, professional and great to work with, but he also seems to really care about his clients…”
K.B. Google review
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5 out of 5 stars
“We can't say enough great things about Jared! He helped us both buy and sell our home, he is nothing short of amazing. Jared is incredibly knowledgeable, responsive, and genuinely cares. We were never waiting on him for anything!…”
K.K. Google review
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5 out of 5 stars
“I recently had the pleasure of working with Jared on a real estate transaction. He was the listing agent, and my clients were the thrilled buyers. From start to finish, Jared made the entire process incredibly smooth…”
G.D. Google review
Ready to get started?
Call 604-928-1361 or Email me today and let's discuss your next home sale or purchase.